Antioxidants Market
Jun 13, 2024 ·
6m 40s
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Description
Newly released data on the market reveals that revenue from global consumption is expected to reach US$ 3.69 Bn in 2024, registering a Y-o-Y growth of 4.2%. Worldwide demand for...
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Newly released data on the market reveals that revenue from global consumption is expected to reach US$ 3.69 Bn in 2024, registering a Y-o-Y growth of 4.2%. Worldwide demand for antioxidants is projected to register a CAGR of 4.5% during the forecast period of 2024 to 2032.According to Persistence Market Research, global antioxidant consumption is expected to reach US$ 5.7 Bn by the end of 2032. East Asia and North America are expected to remain key regional markets in the antioxidants business, expanding at CAGRs of 5.1% and 4.3%, respectively, over the same period.Antioxidants are compounds utilized for the decrease in the oxidation process in a substrate to increase product life. These compounds adsorb and neutralize free radicals and decompose oxygen or peroxides.
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Information
Author | Ganesh Dukare |
Organization | Ganesh Dukare |
Website | - |
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